it's bad for -- it's certainly bad for the economy and it's also been bad for the economy brand. it's the reason that they were unsuccessful in the polls and by two to one if we don't reach a deal for the fiscal cliff. and it's also the reason why you see voters very clearly support having the wealthiest pay a little bit more. it the one proposal that is consistently -- it received strong support from a ma sdwrort majority of reporters and they dig their heels in and say we don't support this. they are on the wrong side of politics, wrong side of what history supports. it's just a bad strategy all the way around. >> now, what happened last time we held the debt ceiling hostage, it led to the first credit down grade in u.s. history. the stock market dropped 1300 points in 2011 and the gop rating dropped 11 point, congresswoman. do we needç to play this game again? >> no. and that's why the president went to the business roundtable. this is a very unpopular and there are real kwens. the downgrading of our credit rating is consequential to say that he's not playing that game anymo